Foreign Holding Companies That Majority-Own U.S. Banks
June 09, 2005, 10:08 a.m. EDT 1 Min Read
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Foreign Holding Companies That Majority-Own U.S. Banks
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Published June 2, 2005 | ||||||
Rank | Foreign holding company | Deposits of U.S. Banks (s) | Sole or largest U.S. bank | Stake | ||
Dec. 31, 2004 | Year earlier | Change | ||||
1 | Royal Bank of Scotland Group* Edinburgh | $93,847,367 | $85,502,525 | 9.76% | Citizens Bank Providence, R.I. | 100% |
2 | HSBC Holdings PLC* London | 81,279,051 | 64,547,057 | 25.92 | HSBC Bank USA Buffalo | 100 |
3 | ABN Amro* Amsterdam | 58,025,225 | 56,956,443 | 1.88 | LaSalle Bank Chicago | 100 |
4 | Mitsubishi Tokyo Financial Group* | 43,498,907 | 38,900,672 | 11.82 | UnionBanCal San Francisco | 62 |
5 | BNP Paribas* Paris | 32,757,053 | 26,463,405 | 23.78 | Bank of the West San Francisco | 100 |
6 | Bank of Montreal* | 25,528,159 | 23,818,150 | 7.18 | Harris Bank Chicago | 100 |
7 | Deutsche Bank* Frankfurt | 15,059,009 | 15,224,549 | -1.09 | Deutsche Bank New York | 100 |
8 | UBS AG Zurich | 14,910,874 | 8,183,882 | 82.20 | UBS Bank USA Salt Lake City | 64 |
9 | Royal Bank of Canada* Montreal | 10,737,173 | 9,834,741 | 9.18 | RBC Centura Bank Rocky Mount, N.C. | 100 |
10 | Toronto-Dominion Bank | 9,327,476 | 6,121,043 | 52.38 | TD Banknorth Portland, Maine | 51 |
11 | Israel Discount Bank Ltd. Tel-Aviv | 5,020,837 | 4,588,382 | 9.42 | Israel Discount Bank of New York | 100 |
12 | Banco Santander SA Santander | 4,768,249 | 4,164,275 | 14.50 | Banco Santander Puerto Rico Hato Rey | 60 |
13 | Bank Leumi le-Israel BM Tel-Aviv | 4,509,033 | 4,071,894 | 10.74 | Bank Leumi USA New York | 97 |
14 | SNBNY Holdings Ltd. Gibralter | 3,324,743 | 3,058,093 | 8.72 | Safra National Bank of New York | 99 |
15 | Incus Co. Road Town, British Virgin Islands | 2,963,571 | 2,809,810 | 5.47 | Laredo National Bank Tex. | 100 |
16 | Mercantil Servicios Financieros Caracas | 2,896,044 | 2,504,815 | 15.62 | Commercebank Coral Gables, Fla. | 99 |
17 | Banco Bilbao Vizcaya Argenta Bilbao, Spain | 2,554,424 | 2,685,667 | -4.89 | Banco Bilbao Vizcaya Argenta San Juan, Puerto Rico | 100 |
18 | National Bank of Greece SA Athens | 1,938,987 | 1,824,142 | 6.30 | Atlantic Bank of New York | 100 |
19 | Mizuho Holdings Inc.* Tokyo | 1,572,337 | 1,998,508 | -21.32 | Mizuho Trust and Banking Co. New York | 100 |
20 | Chinatrust Commercial Bank Ltd. Taipei | 1,487,432 | 1,408,651 | 5.59 | ChinaTrust Bank USA Torrance, Calif. | 100 |
21 | Bank Sinopac Taipei | 1,357,175 | 1,389,371 | -2.32 | Far East National Bank Los Angeles | 100 |
22 | Sumitomo Mitsui Financial Group Inc. Tokyo | 1,214,779 | 1,106,776 | 9.76 | Manufacturers Bank Los Angeles | 100 |
23 | Rabobank Nederland Utrecht | 1,116,518 | 1,054,418 | 5.89 | Valley Independent Bank El Centro, Calif. | 100 |
24 | Bank of Nova Scotia Toronto | 1,017,656 | 1,067,034 | -4.63 | Scotiabank de Puerto Rico Hato Rey | 100 |
25 | Commercial Bank of Korea Seoul | 620,890 | 545,390 | 13.84 | Woori American Bank New York | 100 |
26 | Piraeus Bank SA Athens | 611,420 | 314,003 | 94.72 | Marathon National Bank of New York | 78 |
27 | Manulife Financial Corp. Toronto | 467,464 | 265,489 | 76.08 | First Signature Bank and Trust Co. Portsmouth, N.H. | 100 |
28 | Mitsubishi Trust and Banking Co. Tokyo | 429,096 | 218,631 | 96.26 | Mitsubishi Trust and Banking Corp. USA New York | 100 |
29 | Delta Investment Co. Georgetown | 345,930 | 424,264 | -18.46 | Delta National Bank and Trust Co. New York | 100 |
30 | Sumitomo Trust and Banking Co. Osaka | 342,372 | 253,379 | 35.12 | Sumitomo Trust and Banking Co. USA Hoboken, N.J. | 100 |
31 | Grupo Financiero Popular Santa Domingo | 327,590 | 258,513 | 26.72 | BPD International Bank New York | 97 |
32 | Banco del Pacifico SA Guayaquil, Ecuador | 303,850 | 254,557 | 19.36 | Pacific National Bank Miami | 99 |
33 | Cho-Heung Bank Ltd. Seoul | 293,704 | 266,792 | 10.09 | CHB America Bank New York | 100 |
34 | Bank of East Asia Ltd. Hong Kong | 291,633 | 261,190 | 11.66 | Bank of East Asia USA Alhambra, Calif. | 100 |
35 | Caixa Geral de Depositos SA Lisbon | 204,612 | 190,489 | 7.41 | Crown Bank Ocean City, N.J. | 51 |
36 | Canadian Imperial Bank of Commerce Toronto | 168,486 | 321,850 | -47.65 | Juniper Bank Wilmington, Del. | 80 |
37 | State Bank of India Bombay | 120,095 | 97,158 | 23.61 | State Bank of India Los Angeles | 100 |
38 | Federation des Caisses Desjardins du Quebec | 116,718 | N/A | N/A | Desjardins Bank Hallandale, Fla. | 100 |
39 | Australia and New Zealand Banking Group Melbourne | 76,269 | 62,727 | 21.59 | Amerika Samoa Bank Pago Pago | 100 |
40 | National Bank of Canada Montreal | 69,429 | 65,262 | 6.39 | Natbank Hollywood, Fla. | 100 |
41 | Farmington Finance Corp. Road Town, British Virgin Islands | 6,083 | 5,571 | 9.19 | Farmington State Bank Wash. | 100 |
Note: Banks owned by holding companies in U.S. territories or Puerto Rico were not included. * Owns or holds majority interest in more than one U.S. bank
Source: Highline Banking Data Services (877-305-6657)
© 2005 American Banker